Cirrus Logic Inc. CRUS was a big mover last session, as the company saw its shares rise more than 12% on the day. Shares moved up after the company reported better-than-expected fourth quarter fiscal 2016 results. This led to solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $33.91 to $37.16 in the past one-month time frame.None of the estimates for this electronic components- semiconductor industry stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.Cirrus Logic has a Zacks Rank #3 (Hold).However, a better-ranked stock in the same space is Silicon Motion Technology Corp. SIMO, sporting a Zacks Rank #1 (Strong Buy).Is CRUS going up? Or down? Predict to see what others think: Up or Down Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report SILICON MOTION (SIMO): Free Stock Analysis Report CIRRUS LOGIC (CRUS): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research